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Shariah compliance overview

Not Halal

Elia Group SA/NV (ELIAF) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Elia Group SA/NV

Elia Group SA/NV develops and operates as a transmission system operator in Belgium and Germany. The company provides electricity transmission solutions; generates, imports, and exports electricity; and offers engineering consultancy services.

Elia Group SA/NV (ELIAF) operates in the Utilities sector, in the Regulated Electric industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt, Interest-bearing securities and assets.

Business Activity
3.75%Limit 5%Pass
Interest-bearing debt
212.54%Limit 30%Fail
Interest-bearing securities and assets
49.75%Limit 30%Fail
Dividend purification
3.75%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Elia Group SA/NV (ELIAF). Current Akinda screening label: Not Halal.